Hydra STIFFING me
- Thread starter tjewsky
- Start date
Thats the whole point here, more and more affiliates are having payments held because the network hasn't been payed or stiffed cause they didn't. In this case what is the point of the network?
You have to gauge risk with this type of thing but if it ends up your taking the same damn risk whats the point.
We have the same problem with that advertiser; all of our publishers were paid in full without even a mention of the advertiser defaulting.
What shits me about the whole situation is the fact that we as affiliates have no control over the credit worthiness of the advertisers nor can we do any sort of due dilligence YET when it all goes to shit...we are the ones that get stuck with the bill???
How the fuck is that right?...T&C's aside.
Its part of the networks responsibilities to vet their advertisers and if required make them pre-pay...if the network gets shafted thats business and you should tighten up your credit controls. But to pass it on to a third party that has no control over the credit process is morally bereft.
Pay the man you fuckers!
P.S and I aint talking about re-bills either.
How the fuck is that right?...T&C's aside.
Its part of the networks responsibilities to vet their advertisers and if required make them pre-pay...if the network gets shafted thats business and you should tighten up your credit controls. But to pass it on to a third party that has no control over the credit process is morally bereft.
Pay the man you fuckers!
P.S and I aint talking about re-bills either.
nor do we know if the network is sitting on a huge pre-pay or whether they're now 6 weeks late from promised payment date.
that's one thing I like about Shareasale- at least they're up front with that.
"funds low" etc.
nice transparency
Actually, it makes perfect sense. Look at it in another scenario...
Say I buy a car from a dealership but a couple of months later, I lose my job and can't pay the payments. The bank I had a loan agreement would certainly understand that they don't get their money because I didn't get my money from my job...right?
Wait, no...perhaps that wasn't the best analogy.
Ok, so say I run a paper company called Dunder Mifflin and I lose my largest account to Staples and can't afford to pay my sales force. CERTAINLY, they'd understand...right?
No? Damnit!
I guess when I bought that car I should have alerted the bank that it was in my T&C that if I lost my job they'd have to suck it up...after all, it WAS in my T&C.
(Notice: Terms and Conditions subject to change without prior notice. It is your responsibility to keep our terms and conditions page up in an open tab 24 hours a day while hitting F5 repeatedly just in case we decide to change paragraph 5, sentence 4, word 7 that states that we have decided not to pay you for legitimate services provided by you in spite of any and all prior written, electronic, or verbal agreement. We do this in accordance with no known federal, state, or local laws and only with the presumption that you will take it in the ass and smile while you do so because we we paid for cheap sluts to sit beside you at our ASE parties Nick Throlson style. If you would like to make a formal complaint you can reach your affiliate manager via telephone if he happens to feel like taking or returning your call, which he probably won't if we owe you money. If that doesn't work, you can sit around staring at AIM all day waiting for him to log on but he's suddenly nowhere to be found now that we owe you money. In this event, please have the courtesy to keep your complaints off of public message boards because that's just not fair to us, mmkay?)
Sure, no problem!*
*Notice: There actually is a problem, but not for us. For you. I can hide anything I want down here and come back later to make you look like a retard for not reading it when you cry over how I'm bending you over like a cheap hooker. What? That bothers you? It didn't seem to when you were making bank pushing acai and colon cleanse rebill offers to countless fat housewives in Ohio. Now that that unsustainable facet of the industry has crumbled from the top down, people wonder why they're getting covered with shit rolling down hill from the top of a toppled mountain made up of nothing but shit. Everyone is to blame for this shitstorm, even me. But that's cool because I patched together my golden parachute with my new venture of writing terms and conditions pages for fleshlight companies that operate under the cover of night down by the docks. I get paid, nigga! Paid! kthnxbye.
I totally agree with this. You as affiliates don't know the credit worthiness of the advertiser. So there's no way you should be held responsible if someone else doesn't get paid cause they made a bad judgement in risk management.
As a person mentioned before escrow's and prepay's are becoming much more the norm on the network side of things. Lets think about how things are for a second.
New company can't get loan to prepay network. Yet network extends credit to advertisers. If the risk is so high the bank won't work with them, then why should we take them on either?
Everyone talks about their T&C's as far as not having to pay affiliates if they don't get paid. I think that's the industry standard. It's just a contract and all contracts are negotiable. If you want to have a Contract that says the network has to pay you on time even if the advertiser doesn't pay them. Have your atty write it up and make them sign it. Don't play victim, take control and if you're not happy how things are change them or get them changed.
Start a movement of affiliates that will only work with networks that guarantee certain things. But that would take unity and a desire to change the industry vs. make the quickest buck possible. It's up to you. The ball is always in the affiliates court it's just up to you to collectively assert your will and hold to your values.
110% fuckin' agreed. If the traffic is there, most decent (non-rookie) advertisers will gladly extend better payment terms. If they can't, you'd be an idiot floating a lot with a company that'll sink if anything goes wrong.
Work with them, ask how well the traffic is backing out, if it's hitting their ROI goals, if you can ramp up or if they need more time to evaluate.. Keep the advertiser happy and they'll do everything to keep you on board.